Print Back to Calendar Return
  Item No. 7.       
Regular City Council Meeting
Meeting Date: 02/14/2019  
COMMITTEE:    Legal  
CONTACT:    Aaron Holloman CHAIR:    Judy Stubbs

ACTION REQUESTED:
Consider approval to authorize PAC Blue Aerospace, an Alaska Corporation, a new lease agreement on Building No. 755.
BACKGROUND:
PAC Blue Aerospace, request to lease the building for the purpose of maintenance, repair and overhaul (MRO) activities. Building space is 3,669 square feet. Monthly rent is $750; $9,000 annually.
FINANCIAL CONSIDERATION
PAC Blue Aerospace, monthly rent is $750; $9,000 annually. Term: February 1, 2019 through January 31, 2024.
LEGAL REVIEW:
The City Attorney has reviewed the lease.
BOARD AND COMMITTEE ACTION:
The Legal Committee recommended (3-0) approval at their meeting on January 31, 2019.
STAFF RECOMMENDATION:
Consider approval of the lease as presented.
Attachments
PAC Blue Aerospace

AgendaQuick©2005 - 2019 Destiny Software Inc., All Rights Reserved